Warner Bros. Discovery

Warner Bros. Discovery, Inc.
Company type	Public
Traded as	Nasdaq: WBD (Series A); Nasdaq-100 component; S&P 500 component;
ISIN	US9344231041
Industry	Media; Entertainment;
Predecessors	WarnerMedia; Discovery, Inc.;
Founded	April 8, 2022
Headquarters	230 Park Avenue South, New York City, New York, United States
Area served	Worldwide
Key people	Samuel DiPiazza (chairman); David Zaslav (president and CEO); John C. Malone (chairman emeritus);
Brands	HBO Max; HBO; Warner Bros.; HGTV; Discovery Channel; Discovery+; CNN; CNN International; TBS; Food Network; TNT; Oprah Winfrey Network; Investigation Discovery; TLC; DC Comics; Warner Bros. Television Group; Warner Bros. Pictures; TNT Sports; Eurosport; Magnolia Network; Cooking Channel; Warner Bros. Games; Animal Planet; Adult Swim; HLN; Cartoon Network; New Line Cinema; Golf Digest; Travel Channel; Hogar de HGTV; Warner Bros. Pictures Animation; Cartoonito; Quest; Quest Red; TruTV; Cinemax; TVN; Science Channel; American Heroes Channel; Asian Food Network; Bleacher Report; Destination America; Turner Classic Movies; Discovery Family; Boomerang; DMAX; Real Time; Giallo; Frisbee; K2; Nove; Canal 9; Discovery Familia; Space; Discovery Life; Pogo; Tooncast; CNN en Español; Warner TV; Boing; CNN app;
Revenue	US$37.86 billion (2025)
Operating income	US$2.5 billion (2025)
Net income	US$-148 million (2025)
Total assets	US$100.5 billion (2025)
Total equity	US$37.346 billion (2025)
Number of employees	35,000 (2024)
Parent	Paramount Skydance (2026) present
Divisions	Streaming and Studios; Global Linear Networks;
Subsidiaries	List of assets owned by Warner Bros. Discovery
Website	wbd.com
	Footnotes / references;

Warner Bros. Discovery, Inc. (WBD) is an American multinational mass media and entertainment conglomerate headquartered in New York City. It was formed from WarnerMedia's spin-off by AT&T and merger with Discovery, Inc. on April 8, 2022.

Warner Bros. Discovery operates via two divisions: Streaming & Studios (S&S) and Global Linear Networks (GLN). S&S includes the flagship Warner Bros. studios, HBO, DC Entertainment, and the Warner Bros. Discovery's streaming services. GLN largely includes advertising-supported cable networks. Those networks were inherited from its predecessors Discovery (such as Discovery Channel among others), Scripps Networks Interactive (such as HGTV among others), and Turner Broadcasting System (such as Cartoon Network, Boomerang, CNN, TBS, and TNT). Warner Bros. Discovery International is also included in the division, which manages broadcasting operations outside of the United States.